This topic contains a solution. Click here to go to the answer

Author Question: The retail market for video rentals is a monopolistically competitive market. A greater supply of ... (Read 67 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
The retail market for video rentals is a monopolistically competitive market. A greater supply of video rental outlets along with the increased availability of substitutes like cable channels would likely make rental rates
 a. decrease slightly
  b. remain unchanged
  c. crash
  d. fluctuate wildly up and down
  e. increase

Question 2

Pollution and other negative externalities arise because
 a. there are no enforceable property rights to open-access resources
  b. legislators cannot agree on what to do about them
  c. they are the price consumers are willing to pay for production of goods and services
  d. private property rights to pollute are controlled by businesses
  e. science cannot decide how to control them



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

C

Answer to Question 2

A




LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library